TIT
DFI
CIAL STAT
MENTS F
T MARCH
Pa
TwstO88' r8Ffjrt
Indopendent •x8mlnorf8 repc*l
Statqmonl offin8￿591 &*Nle8 and SnL¥Mno aThJ woThlMur• 8(wJnt
B•lan¢o 8hetst
Prfndpel acC￿n11n9
1fy11
Note8 to the fjnandal
12-18

Fl
rrED
GISTERED IN EN
LANO AND W
UND
COMP
MBER
130
REDC

FIELD INSTrruTE
MITED
UDrrED
TEM
FOR TH
EAR END
TRUSTEES, ANNUAL REPORT
Th8 tnJstéo8 pres8nt thwr annual dirgctors, r8POrt aNJ the unoLkYrted finartio18tstements of the charfty for
the year eNled 31st Marth 2021 ￿(Ch arè 8130 prep8r•J to meet the requirements for a directors, rnput
acco￿$ for Companw A£t
ObJect8 of th• charfty
Thè objects ofthe charity ar•..
To prcffiots edu￿￿onal and tralning opporiunitss in the cty of Sheffield arbj elsewhere (th* area of
L*nefill wSth sp8dal omphasis prowding actsss to Such opkN)rtunIt￿S for who are. by
rea80n or ec¥JnomlG d188¢Jv8ntsg8. unat4e to 9gln 8(x*ss.
2 The adv8neém•nl of rjllzanthlp In partknLgr IhrfA4h the wovtslcffj oftralnlno ind g¢Nce 80 as t
dwlop tho capBfity arKI Fx*8nti81 of IrKlfv*Jual8 to pothpatg fijty in 8od•ty.
To 18lleve U￿mplOY￿nt in the ar8a of benefit by tho sxtsvi6k)n of $nd trainiThJ to unèmpbyed
Indlviduals ￿nCernIng gmr4oym8nt and 88W tylwkjyTh￿￿t and th• ￿¥l￿n of cv wrillng, Aob 8•8rch
and lob dub facilitw for thom
Th• oro9 ofbenefft l• th• &ty ofShofflehJ •rKI
Publlc b•n•fft
The trustee$ ¢onsh1er that thay have ¢crfnpll&J th& duty In Section 17 ofthtr Charities Act 2011
lo hove due regard to wblK iwefit gui(lanca pUbl￿h￿l by tho Charrties c0mnmssK￿ and that
Ihe atatemenl ol the background, history and to date dgtrvJnstr8tes that Ihe ch8rfty do1￿8r8
publlc bonaftt.
Background, hl•tory, cll•nt grovp •nd pogltlon to d•t•
HBdfiold InsUtut8 {lorm¢rty the Yam8nl E(X)r4)m￿ & TralnlThJ C•ntrel wa8 88tAbl8h•d In 1994 wllh Urban
Prcgramma mow, follovhng o suryoy of the no8d$ ofthe cg)mrnunty In Shoffleld. whl¢h was rtgalf th•
rnsult of a unthad voKo and preBsure from ￿ Yemenl c4ynmunity. Slnce then, rt h88 dellv8red a rarrtJ
of tr8lnlng and empkjymènt iniba16ves, spedaltslng In EryJli8h as an Addlb'cffial LarrfJuag8 ¢omblnod wllh
y￿1￿)nal trainiro. in parbculaf IT. 'H8dfiokl' reflect8 tha history of Ihe 8ts•1 ItM1u$ty and Yem8nl8
In Sh8ffleld.' Robert Abbott H8dfield. a fc¥Jndar of HadfiBbd'$ 8t001 eompany 8nd worfd.fAmtW$ mot8llurgt8t
Wag tK)m In the centr&'8 front bjikling and m￿Y Yerneni stsehKrfkèrs worked at Hadfi8ld'g at 8om& polnt.
'In8dtute' r8fia¢ts the valu88 of thè tyganlsaticffl whkth e&wnfjdly lh8 sam8 As those upheld by th8
Wom8n'$ Insututo and M8n'8 Irolttul•s in the 8rfUsh tradfiw cl educalC￿- mutual h81p 8nd
l•arning, truth and jusbce.
Tho malorty olthe Ywnanl tr￿￿nty flrnt 80tUed In S￿ffi￿d dudng the 19508 •ncouraged by the Br￿Sh
Govomment of th• day. Many lound 8mkYoyTr¢nt in the 6t8d I￿1￿9￿¥ durfftg the perfod of LgbcAJr 8hortage.
At that tlmo. th& fact that Ihey lack￿ ts abilty to wri18 English was ￿ barTlor lo gatbng jobs. Inltkity,
many Yemeni men s&tUed in Sheffiehj and ￿ter ￿ht their faM￿leS to join lh￿. 1118 estimated that
durftvJ thé htyd8y oftho stsol industy gver 20,OCQ Y￿￿nIs1￿0d in Sheffi81d.
P•ge 1

HADFI
LIMrrED
UNAUDITED FI
ATEmE￿rS FOR THE YEAR ENOED
31ST MAR
21
TRUSTEES. ANN
B¥ckground, hlltory, cll•rt group and po•ltlon to d•t• leonllnu•d)
Following thè severe d8dine of th8 Steel industy in Sheffifjld vthKh calwd wd•spr•ad job ki88as In th•
c¢mrnunity, the Yemeni l￿MMUnty- th& dovekywl oftr* Att8rdiffe eMtrè-wa5 on& ofthe fitst
dthng forces to estsblish a Community Lrter8cy Camp80gn In the ryty. The ¥Ltcce¥w of this initbal
c*mpaign l&J to Icry8r.t8rn1 prcgramnw cenlr•J lrtw arnj I￿11￿￿n9 projects. Th& d)arlty
jntinues to work'heThJ in hoTrJ' wlth Ax)idng c￿MunItie8 TryJether Ltd to pffj￿de 8 number of
e88ential 8eMce8 to th• Yomenl &)mmunty aLYOSS Sh&ffldd •Hhough Insthuté sèNes an
Incrnaslngty div8rn0 group with ￿neficIaTI￿ being dra￿ from all se(kn18 of c1￿munItie5 in
wJrToundlro n81ghtsawh￿s lurthar 8fi•ld. Th• cwganfis8lon 8egk8 to th In partne￿h1P wlth
othor tygan*8ti'on$ to dolivor 50rvk•8 and ccffjb"nuo8 to PTovld8 C4pauty**Jlldlng support to srnall
communty oTrJanlsaUo￿. Th8 ￿rrent rary ofocmas refi￿ts dlvwso dlont baso. (M th& on&
hand, m8mbeT8 of bl&* and rn1￿1ty 8thnk Commun￿8¥ Conlin￿ to •XPorf¥w disprDwJttionat•
dl88dv8ntw in thtr labouT market are helped wthh lnfcffl￿1l￿, a¢fvKe and career8 guKlance and
bosic IT sk1￿. We ¥180 offer Chartered Manag&n￿l ID8tibJlo. management and leadership qUa￿ficatIon8
at higher levels and Engush cc4Jtsès fcr dèpandants of int￿)￿ti￿1 stLAlènts.
R•vl•w ol •¢tlvl1l￿ and ftrtur•
Th1¥ flnancLg1 year. wlth the PandemSc, lh8 offKt ha8 t*en extrnrth dwfic￿t. wlth the n8ture of our wc¥k.
there has b08n grn8t d8m8Th1. Howavof thg rn9)urw ho￿ bgon Ilm6t8d duo lo Iho rn8tridtons thAt W8rg
appllgd undor th& Gov8mmenl Guhdelir￿5.
We were 8￿CeSsIu1 In securfro fundlw frryn ts knm(mfty Fund for 8 8 monlh prO1￿t tr> support tho
demand and need for a'Rawd ResF*)nse' V*there many BAMER fam￿￿ na8d&J support to get through
htyrlficloumoy In the porwJeThk
In 98oJrlng ts grant ￿ w•r• obbg to rnryult ¢>Jmrnittgd Vrjuntsors, additiorwl 8taff and 8UStain the current
gtsff & volunl¢gr8. "Brfdg8 Tho Gap. was eBtabllBh•J and wth th18 wa d8v8lopod tho FOOD
PHARMACY & the Adv¢w SeThk*. Th& h8d Ihroa key b￿nd￿6 to tts sery6cp a5 follow6..
• A telephone H•lF41n• Lhw to many 8lwggllrrtJ IANJuagtr b8rrlar8. In th• earfy
days oftha Pand•mi¢ th•r• w¥$ • hlgh d•m•nd for signpJsl¥ig and advocacy supporl.
• Th• Fc4Jd Ph8mw tho1 w48 8eoJre(l thiow a ￿b8￿￿)bOn and partn8rthip work V+ith"Fare Shar8
Ythshire.. We supwt 210 famllles loc*J pa￿￿8 8ThJ 88818t8d Ih8m *th118t they
801f48c48tf*J.
• Supp(KUro thg ddorfy Vlto struggliNJ to W ¢>JL or mako ojntaca for medlcal ￿Pp￿1 c* other need
Ihey requlred.
Flnanclal r•vl•w
Tho ¢harity8 total income Iwe8￿1 Blgnlficanty. by £122k. to £220k, due wknarity lo the hlgher grant
Income and furfough d8lm$. Eyndilur& 8180 Irwyg9Sod. by £52k to £130k duo to add￿onal wAg8S
and direct proAe¢l wsts. There was o surplus ts the yeor of£90k vknith hos incxease(l the th8rity8
fuTh1 balan¢e8 to £566k. The chariV$ reseN8s al 31st Marth 2021 wère £161k12020- £79kl.

FIELD IN
TITUTE UM
ANC
TATEMENTS FOR TH
EAR END
TRUSTEES.
NUAL R
Inv•8tm•nt•
Tho charity has no Invgstrn8nts otherth8n t%rrent bank ae¢wnts.
The wopety hdd Is mt Invesbnent WOP9ty but 1$ there to prov¥Je suit8t4è f#tsliti88 to C8rry tho
arftys ￿l￿t￿8. Incyd8nW ItKom815 g￿ra￿l by th& Oflrx¥￿ and facilth¥.
Our r88eTves po16cy meets th8 organisalicffl's naads in tsnn8 of rts to payfor fAimmitmenis SLth aJ
rent and rate8 on t￿lId￿r￿s arvj stsff4d4￿I costs for &MamFI8 r8dundan¢y. as well as prov+ding cashflow
for aGtivlties. projects an¢J seryThs. Thè wjllcy is T8Mv&J annualty aThJ Is s¢t to gnsuro that Hadfidd
Instllute can meet ojntractual liabilities slb)uk1 the organisatbn hw8 to dosa, to unexpoctad eogts
Ilka bwkdown of 0888ntial offKe machinery, stsff cover, andlegal o)sts defendlThJ th8 charftys Intorg51.
aiw to r•place equlpm8nt that wears Lxrt. At*)ve all, h ¢nsure3 that the Call C4Jnllnu9 to provhle
rdiable, quallty 8ervlce8 thin this cx)ntoxt minimi8es recruthenL 8taff trainlng, Staff indudon aTrJ
marketing costs by avomllng noed for r&JuThJancie8 ￿88d by fi￿nN1
Our rnservgs policy was In IAarth 2012 tn thè IIDht of tha sharp forac9St of Incom•.
The rurrent pcAicy Is thal..
11 R•s•r￿ be Maintsin￿ at a levol wthlch onJurBs that o mlnknum of thr88 nK)nlh8' runnlng costs
01 tha ￿an[S￿lI0n.8 cor• could o)ntknu¥ durfng a p8rk)d of unfoTo58en dlfflculty.
21 A proportlon of be maintsln8d in • re&Jily ro8118at49 form glven thgt Iho H8dfield In8Ntute
08t8t& consists of h¥0 bu￿ing8 us•J for g of education, training 8nd communlty a¢Uville8 and
lèdllll8s mu& ba 8v8i18bl8 for u88 In 8 State vth*th (>>n￿leS ¥Mth haalth and 89fvty requlramants.
31 m￿0Y must bg avallat46 to fund thg staff ￿uIred to d8llvar proiocts 4nd sarvus to bènofi¢Oariw.
Rlsk3 as8ociated •ath ¥tream of aThJ eNpwthire taken knto aro)Lml. These h&v8 proved
lo ￿ high in t￿? last SIX years. wlth income lalllng by up to 50% In certain years. The ￿Ve1 of re3erv83
h88 be8n sèt after considwaltm of Hadfield Instilul•'s P￿nnIng. budylrrfJ and foreca8tir4J cydas over
lon-year period and tskes into ccmK18r8llon that the c¥g8nlsal*)n'$ accr8dliatkJn8 and kntsvledge bas•
wlll to Wn ¢￿tr￿Lts wh8n m•rko1 lrnwo¥8s.
Rtsk•
Tho ch￿ty ho8 ￿ InveBlmont8 othw Ihan bank belan￿ IAKI ha8 thwthr• no ri8k In th18 arm.
ProF4ty L8 ownod 8nd rentsd and in mlnimi88d by In8uraric*.
The m¥kn risk is that of the charity not oblainlng r*w contr8ds In fU￿r8.
Incoffllng r••auru•
Tho makn of Irrt>Th In th& y•8r were frorn IndbJ8lon prw artd rnntal IM)me.
Charliabl• statu•
A feature ol tho unf•8trk￿ IncoTh afjm￿ from f•B•18 that m￿￿ ofth& hKt¥no18 rebJm•J to
b•nolkn*rie8 in the fomi cl freo crèthe 8nd 888iStance wih publk tr*)w)rt ￿￿ts. wlthout
the ben￿r￿arleS concemed w(A￿d r￿1 be abb lo attend Engltsh ¢ourBes.
At th8 w8s•nl tlme. there18 Th)t 8ufflcl￿E unreslricleLI Inc(￿￿ to Mlum •Ydthonal bon&fit oth•r Ihan by
retaining certain of 8tsff lo conllnue to d8lfvw s¢Mces ar*J a Ilmlted amount fN dOn8￿.on8 to
Individuals aThJ grou￿ in cases of hardship. H¢ywever the TnJsl8&s ha￿ parli￿lar ￿arts to offgr onè
fr•8 pl￿ to an eUgit40 k}diVK￿a1 fw every fooyywYJ *ce8 ￿ fflana98ment a￿1 I￿(JerShIP cour888.

ADFIELD INSTrruTE UMrrED
Fl
EM
NTS
OR THE
R ENDED
Trus
' hNNU
PORT
13¢wornlng do¢um•nt
Memorandum and Artdes ofAwéaliJn inctyp(Yated 22nd Septèmber 1932. as am8nded by SpèrAal
Resolution dated 81h No¥eml*r 1992, Speual Re80￿Jhon ¢Jat•d 16th Augusi 20(* and sp8u.al Re8clution
dated 2nd March 2￿)7.
Ory•nlg•tlonal •lrueiur•
Day to day cuknl is exerci88d by th8 808rd of Trualees tlthkh * thg ¥{r￿jntabb for Hadfiold
Instltut•. The ExecuOv6 Dlroctor repNis to Ch8irperson on • wular bask and monthly and
quarterfy to tho t￿1 808rd. Th8 Boor¢J h85 8Xte￿i¥0 •￿￿enC• undèrstsndiThJ of th8 Ccmmunl￿fj8 It
a8￿6$ and tho programm￿ U)at HadThek1 Insllhrte delivers. S￿119 8ThJ experienc8 kndud8 communlty
d¢vdoF¥n•nL regeneralkn, flnan¢e and rncruibwt 8rHI heath and sglety issues. In ad￿￿on the Board
k•ep In touch and up to date wlh *sue8 rdatir¥J to ￿￿1fty law a￿1 all other leoal requirements.
Day to day fingro81 Manag￿nI is urnJ8rtaken by 8 8m811 t8wn of aLx¢untky and admini8lratlon staff
under the dir8Ctk)n of th• maln t￿t99$.
Tru•t•• r•crullm•nt
Trusiees aro wwlted from 8uftabty qualw or •Xpwl0r￿ mor￿3 crfthe Ioc41 crjmmunlty. and
Tmining and Snductbn ol nth¥ tnjsiew by the Chatyrnon wovid•s 8 hlslory 8nd rationalg
of Ihe oryJanisatK>n and general reS￿n￿l￿1•S of all truste88 gnd the particular resF¥)r6lbllltieg
4tta¢hlno lo tha fol￿ of Chair￿rSOn S8entary aTrd Treagjrw. Trustees Infornwd of and encouragod
to attond 86$8lon8 run bYV0￿r￿￿ *£tion other approw*ts hknlrffJ Fw¥lder,
Volunt••rn
The charfty U$8B voluntaws In varfws Tc4e8 and th8lr &xpen8e8 are r•lrrthr8•d. The use of volunt6èrn
pwdes additio￿1 reBource6 lo lh8 tharity and, imiyxtanlly. provid08 ¥dun￿rts vAth skills dtsvelopment
and woth wertenGg and so fuffil$ part of tha chartty'# objects.
R•lat•d partl••
Th• ¢h8rfty 58 In dc4• 88wd8tbn wlth th• A8plrfng Ccthmunltles T¢)gether Lld. a r•gi8t•r•d tharlty
Pago 4

FIELD IN
LIM￿ED
UNAUDITED FI
CIAL STATEMENTS
MARCH 2021
Trus
' ANNUAL REPORT
Refer•nc• •nd admlnl*tralfv• d•tsll¥
Charty number
1016195
Company number
2751130
Namg and regL8terod
H•Jffeld Inthrte Llm
43 Attercllffo Ccthn
Sheffle
S9 ZIE
Our &1vLwr8'.
Ttngle Ashrn￿ Ltd
Chart8r•J Ac4)untants ar¥J statut(￿ Authtors
Ent•rPrI￿ Hou86
Broa¢ffiekl CtyJrt
S8 OXF
B8nkwB
Viryin Mc¥
2 Haymarket
S1 1LL
rlir•dor• and tru8t
A Golxan
M S K•￿iM
J Khan
N Y mOharnn￿d
DrAGSharf
- appjlniad 18th D•c 2020
- resigned 4th Apr 2021
- rn8ign8d 3rd May 2020
M Taha- Rnanc8. Contr* and O•velopmont Managor
Y Salth. Proiod Manag
Paps

IE
NSTITLrrE
IMITE
UDITED FINANCI
EME
THE YEAR EN
318TMARCH 20
NU
REP
Trust••s' r08pon¥lblllll••
The trustees l¥tho afy a150 d￿ClorS of Hadtsld Instibjte Lirnjted forthe purposes of ¢ornpany ￿wI or•
r•sFonsible lor prèparing Ihe Trustees. Annual R8rth and th• fina￿al stst8m8nts in accordanc8
with applicable law and Untted Klngdom Aecounting Standards (United Klngdom Genertlly AcLepted
Accounting Pfa(ticel.
Company law requlra$ the trus18es to prepar• knanoal Staten￿ts Ic¥ 08ch finart*al yaar. which glve
true an(1 *air vièw of tho Stat8 of affair5 of the charrty zn(l of thg Ino)mirvJ resources aThJ 8pp1k¥￿On of
es￿re&s, Including thè incom• an¢J exp8ndrture. of Ihè tharity for the yoar. In {￿p9￿ng th
finandal stal8ments. trust8es ar• r￿u￿6￿ to..
• So￿¢t suitsble accounting pollues and then apply thorn ￿&Stèn1￿',
observe the rn•ththYs F4incap￿ in the Charrbes SORP 2019 IFRS 1021..
m8k8 judgment5 and èstimales that arè reasonable [￿11￿nt,.
• 8tate vih6thar appl￿ble UK A￿unti￿ Standards have b8èn sutyoct to any maierf
disclosed and exF4ain8d in Iho financ4al ststem8nts.'
• pr6par& Th6 finan￿￿ sl8tem•nls ￿ the wJln9 oxvm basb unK888 tt Is InapproFtsts to prnsurno
that the charity will ¢yJnlinu& Sn cp8r8kn0n.
The tru8taa8 o'.e r•8porffjible for k•epiro adequat• acC￿￿nIFng r•ctrds Ihat diJckJ$6 wllh r8a$onable
8¢cu.?ey 8t ts.lj Ime thg finan¢l81 positDn ol the c*arity an8bl8 th&m to ensum that th• finand
ststern8'..ts ￿..n1￿Y wth the Companies Act 20Cfj. TW are also responslts￿ for saf6gu8rdlng the 88sel8
of the ¢tr£i trj 8Iid hen￿ lor taking r•asona￿8 &tep8 for prevenlw aTrJ d•tsdon of ond othar
Irrn9ul*rfti&8.
Thls raptsrt tr.48 Baep, prewr8d tswng *dvantsg8 ofthe small •xonylon of Section 41&A of
the Cor,",pani40 Aci 2(M)6.
The r•por of th6 tru8tees WaB approved by th8 t*)aTd ¢)n
by
. and glgnod on ito
SAI

IELD IN
UTE LIMITED
UNAUDrrED FINANC
STATEM
TSFO
YEAR
NOED 31ST
ARCH 2
EMENT
FINAN
ANDI
EAN
PENDITU
EACC
Total
lund8
2020
fu￿1$
2021
fun(ts
J21
funds
2021
IrKome Irom..
Donat1￿¥
Charitat4• athRbe8
ants ￿￿Vabl6
75.598
42.465
I18.(￿3
5282
Othsrtrading aclvNle8
80.174
80,174
92,488
Othar In￿me
Cc*on8vlru8 Job R•l•nOon
19.475
19.475
Totsl Inc¥j￿
75.598
144.114
219,712
97,750
Expondlbjfv on..
Charttable aLthl¥es.'
64.647
65.306
129,953
TT,627
Total ex￿51￿?
84,647
65,3
129,953
77,627
N•t kn¢omo for th• year
10,951
78.808
89,759
20,123
Totsl fund8 brought fornY4
3,626
472.440
476,066
455,943
Totot lund¥ carrl•d foryATd
£14.577
£551.248
£565.825
£478.066
Tha Ststomenl of Flnanci81 Aclvltth hc4ud•8 all galrts bs8e8 T8DyJnls*l In th• year.
l incom8 and expendrturn dgri¥e frC￿ cc￿tInU1￿ •￿￿1568.
Pagè 8

HADFIELD INSTrrLrrE LIMrrED
UNAUDrrED FI￿￿NC￿ STATEMENTS FOR ThE YEAR ENDED
2021
2020
FI%￿ assèts
T8ngible 888ets
394.212
395,927
Current as88ts
DebtorB
Cash at bank and on tsrKI
19.920
176.244
10,934
B3,S30
I￿,164
94.484
Cr•d6torn. amounts f8lllro withln tTh >
24.$51
14.325
Not oJrr•nt ass•ts
171,613
80.139
Net os¥trts
£565.825
£478.066
Income fuThJs
Unr8strfct8d fuThd8
Gamrnl funds
Designated fund8
10
10
161.337
389.911
78.g68
393,472
551,248
472,440
R•8lrfctsd ftJnd8
10
14.5TT
3.826
Total fvnds
11
£568,825
£476.068
For the year endlng 3181 Marth 21)21 thts ¢h•rity wa$ ¥nlitl8d lo •xempkn from audll und•r
88cb.on 477 d the Companies Ad 2C(6 ¥•lating to sm811 COM￿n￿.
The rngmberj havg rot rwuk8d th• ¢P•1ty to oblwn an audlt acc[￿15 f(Y Ihe In
que8tk)n In accordanr* wrth 5octi¢J1476.,
. The InJ8tee6 thgir ￿F￿)nSIbIl￿08 cthmplylNJ v41th lh• r•4uhmwrto of Ihg Act wlth
reSp￿t to at￿n￿n9 ro¢<*d$ and th• prnpar4kn ot a(X￿￿t
8mall companle8' reglm.
These financial stslemonts w•ro approv•d for15wJo ty Ihe 8o•rd on .
and ￿gned on bthaif by
A (>)br8n
Trusieo
Trustee
Company number.. 2751130

DFIE
TITUTE LIM
IAL STATEMENT
NAUDITED FI
PE
ER'S
THE
HADFIE
STITUT
Ll
I r8POrt to the chwitytru8tees C￿ examination ofthe ao)JJnts L*mparry for the ygar onded
318t March 2021 a￿ Set ort on pages 8 tts 16.
R•spon8lbllthes and basts ￿ r•Fort
As th• chartty Ifu8tee8 of t1￿ ¢offoany land also ts forthe ￿COrr￿anY Iwl yw Arg
r•¥pon¥ibl& for the preparat#)n ofth? aoxunts th acl*rda￿¥ Ylth the rwuirerwts of ths Comp8ni•B
Act 2(J)61'lb.8 20C6 Act'l.
H￿r￿j 80tiglknJ my8elf that Illg 8¢x￿nts of thè ￿￿PA￿ are not raqui￿ to be audited uThlor Part 16
ofthe 2006 Act and are eligi￿ lor Inde￿ndant ex8minal•)n, I r8POrt in regpo¢t ￿ my 8¥amin8tion of
eomp8n*s aecounts 88 carrknd out under s•Cts"C￿ 145 ofthe Charitio8 A(a 20111'tha 2011 Act'l. In
ar￿fig out my ex8rninali￿ I havo fojlowed lh8 Dire(*ons given by thè Charity Cc¥nmi8wn unde*
8ecbon 14515hbl of 2011 Act.
lThJttp8ndent ¥xarnlnets 8tatem8
I hsv8 complgt8d rny èxamhation. i o)nfirrn that no m8tt•r8 have c*)me to att•nth)n kn Conl￿tIOn
the •xamirta4ion gi￿n0 m• cwJ88 to t￿￿¥• that in any matertal f8SFett
a￿nting ro¢uds wer• not k•pi in rnspgct of Ole ￿MpanY as required by gec*on 386 oflha
2006 A¢t.' or
the dccoJ,*ts do not acetyd ￿￿th Tectyd5,' or
tha S¢Cc￿nts do not eompiy the 4￿n￿n9 ￿ull￿nents of so￿￿)n 396 01 lh• 2006 Act oth•r
ttr.er, aiiS ",equlrgment that Ll• account8 9ive a'lnje and lalr vkn. whi¢h ￿ not a matt•r Con￿101•d
part ol an inde￿ndant examinallon., or
tha o¢counts have not boen PrnPaTad in accordance vhth Iho mgthod8 9n¢Y ￿nCIple8 of Statom•nl
of R￿QmMen¢jeé Pr￿11¢? for 8¢¢ounts'rfj 8nd repc#lng by thand•B app1￿&bIg io t*8rf¥•8 preparing
thélr &c￿an18 In a¢cort•nco *41h th• Flnand•l RwiirKJ Stsndgrd applkabla In tho UK •Jxl R•wbMc
ol iroiand IFRS 1021.
I hove no ￿n￿m$ and have camè acro￿ no olh•r rnattws fn conn•clk>n whth th• oxarninab'on b %thlch
8tt•nii01 shoJld b• dr8wn in th1$ rwt In ofd•r to •rwt4• a proper und￿tar¥JIng a¢o)unt¥ to b•
rèach￿.
Lp.
8renean Ashfflore ACA
TingJ6 Ashmor• Ltd
Chartar8d Ac£ount8ftts & Regtstwed AL￿￿tir#
Enterprise HOLES•
Broadfl&h1 Court
Shoffiald
88 OXF
x13134.A
Page 7

HADFIELD INSTIT
Um￿ED
rrED FINANc￿L ST
TEMENTS
THE
ND
T MARCH
21
INCIP
COUNTING POLICIES
Hadfield Inststute i8 a company Ilmliad by guwantsa rggistered In England and WA￿$. In the ev8nt of
th8 ¢h8ryty belrKJ *￿Und up. thè IF8lylty in res￿ of the guawteg is limit&J to £1 pef member of the
charty. Thé addre88 of the rfjglstorod office i% g￿en in the charty infc¥m*kn on paoe 5 ofthe86 Ilnanaal
ststemants.
Th8 chafity constitutes a Wb1￿ b￿)efit entity as defined by FRS 102. Th8sè fin8nc4al statèmsnts have
n propar8d In acoirdanc8 A¢￿unbrmj RèFxyting by Char￿8$. Stat8m8nl of Rocomm•nd&J
Practu app￿cable to char￿8$ preparfng Ihdr acccI￿ In 8c£ordance th thg Financkal RèF>OrtitwJ
8tandard appI￿allOn In the UK aNJ R8pulJt of I￿￿?￿dISS￿O{l In October 2019. tha Finanaal Rèporting
standord applicabltr In the UK and Re￿￿1C of Ir8land IFRS 1021, Cllarits'es Acl 2011. the Companies
Ad 2CIX UK GOnw￿￿AL* hlxtrjnllng Prath•.
The fA)arity has oppllod Updato Bulkntln 1 aB publlshgd ￿ 2ThJ F8bruory 2016 d￿1 not Indude
¢#8h ststemenl on IM gI￿ndS that li Is 8pptyiw FRS 102 Sth 1
The fi41owhN Is 8 8ummwy o1th8 Impcrft8nt pollries us&1 by fv charfty.
Gokng 1xr￿arn
Th8 financial st8tqmont8 havo bB8n Fw•rod on tho g¢yTh3 e4>rK*m b•* 8• th• tru8toM boli•v• that ther•
are matsrkql uncwtainO88, gfvon tho contlnuAIkn of tho Indu81on woA8Ct and tho T8ntal incom• from th•
front part of the I￿u￿￿9.
Intsjm
I ￿C￿￿OIS account8d ts aB BI￿n 88 the tharity has 8ntikm•nl lo Ihere IB ceriaSnty of
recelpt and lh• amount can bo mèèwrad wth wfflcaont relabilty.
Incon* Is onfy dèforred vhJ8n'
. The donor spodfw that tho granl CY donatlon rnust ￿lY used In fu￿re ￿￿nting poriod8', or
• The donor has Imp(*od CC¥MItUono Vthkh mu8t bo mot beth th& ch8rity has urwidibL
•ntiUornent.
Grants r￿￿80
Grants In respect of rw•nuo iterns arn vthtt•n off to the IncLYM expendfture occounl In the porfod to
which they rèlato. Grants In rn8pad of 8pecific woi•cts are uedked to 8 rn8trKted hjnd. agaln8t whlth
rnknnt •xpoThlitiTh 58 c￿r9ed.
ExpondAur8
ExpendAuro18 rncoJnW •11thIty18
• Costs ol chgrirablts 8ctsvttles c¥1m￿* ￿sts Ir￿urred in tho pur8uIt of charrtgblo obig¢18 of tho
tharlty. These o)sts o)mw8e direct costs and an 8Fvorlh)nmont of overhgad and support costs.
Govgman¢• costs compris* 011 ￿$ts incurred In th9 9ovemanc* of the tharity. These COBts Indud8
sts related to tha statuw audit eXamNti￿} togothgrwith an apwtionm•nt of
overhaad and Support costs.
Vatue addgd tax
The charity is not reg*tered ftjr VAT. In th08• fmanrad slatom9nts. oxwdknre Is Sh￿ Indwfvo of
VAT, wherè approprlats
P•J8 10

HADFIELD INST
TE LIMrrED
Fl
STATEMENTS FOR ThE YEIR ENDED
31
P￿Nc
nN
Icx¥tknn of ov8rh8ad 8n(J 8upr*yr cThts
oVert￿d a)d support costs have been alkKated as d1￿ 8xpon8es ￿ appNdoned an approwiato
basis tfjtsveen ch*ritatl8 actMti8s and governa￿ ￿. ￿lonm￿l is la￿ driven by tho
nalur6 ofgrnnt ckims vknkh need to reftect 80nw opkvtK￿8d C￿ts.
Dep￿at￿n
Deprea81ion of tanglt48 fix&1 assets IB wovklgd at th& f￿￿ing annual ralos In ordor to ￿10 off e
a888t ov&r Its •6timated us&ful lffè.
L•8$0hokl18nd and bulk4lres
Office and comwler equipment
Fumlture and fltdThJs
Motor vèhths
- 1% 8tr8ight Ilng on g)Bl
- 33.3% straight line on oyl
- 1S% str8trahl on o)st
- 25% stra*hl Ine on cost
D•btorn
Trnd• othw debtor8 arn r•cognl8•d al thtr loll1e￿ an￿￿1 8ft•r any dlw)unt offered.
Credkors
Credhor8 wn18&J when thè c*èrlty ha# a wgsont ￿)1190￿ mulUwJ from a rA81 avent that ￿11
pr¢thbty re8utt In the transfèr of fvnds to a thirf paty a￿1 the anK￿nt due to 86tt* th• oWlg8Don can b&
me88ured or esJm8ted rella￿y. Creditor8 ar• rwrftwly r•¢ognI￿d ol thelr 80tO8ment am￿nt aft•r
allowing for any trade dweounts du•.
Fund acminll￿d
Fund8 h￿d by the charlty arn eliPK.-
• UnTe8lricted funds- th88• arn fvr￿s *l)k* ¢on ￿ u8od in accordanc• *4th lh• ¢harftabl• oble¢t•
at tha d18cr¥tlon ot the Iru81ees.
• D8￿gna￿￿ fiJnd8- Ih886 have bwi ••t up to hJonJfy th088 LmreS1rf￿ fuThJs th8t ar• not fvnd$
In th81 they rnpre88nt the n8t bc￿ valu8 01 ¢8ptsI 8888ts athlbulablts lo th8 chanV8 own r88aN89 or
unrnstrthd funds •8m)ark8d by the InJ8tOO8 for sp8cfflc purFO800
• Restrlcted fund8. theso arè lunds th81 ¢an onty be u8&J for parth)JLgr re8trkted wrF4JS68, ImFwd
th• dOr￿r ty throLth the of ￿ apr￿.
Py11

HADA
D INSTrruTE LIMITED
UD
FINANC
TATEMENT
R THE YEAR
DED
31
T MARCH 2021
NOTES
THE FINANCIAL STATEMENTS
Tot81
fiJnd¥
2020
fund8
2021
nd$
2021
2021
Grants recelvabl8
Sheffiekl City Cwrnyl
Cornmunity Fund- Cov*>19
South Yorkshiro C&nmunty Founda
Sharr￿# Comrnnty Fc￿M
Yorkshire SP￿ts F(￿r￿JaIl)n
The Talbot Trust
Local Gfvlrvd Lld
JG Grave8
Sheffi&hJ Tuwn TruBt
40.465
40.465
49,000
5.000
5.OLKI
2.848
13.7SO
2,000
49.(KKI
13.750
2,782
2,500
£75,gJ8
£42.465
£118.063
£5.202
Olher tradlng actiwt
ExF4ns88 ro¢1)arood.'
IrduBkJn prc48ct
58.151
22.W23
58,151
22.023
55,164
37,324
£80.174
£80,174
£92,4B8
Expenditure on
Dlrect ￿$tr..
Stathg
Vduntsor oxpen88B
M8lnt8n8nca ¢08ts
Dlroct pn)iéct co8ts
39,914
7.077
29.711
250
5.162
4,238
69.625
7,327
5,162
18,908
31,229
13,788
611
14.872
SupFQrt ojsts:
Premi88s costs
Offieè costs
Prole88hJn81 f••J
Trnlnlng
Tr8vel and 8ubfjlslw
In8ur8n¢e
Olher 8upM c¢8ts
8.574
4,244
1.9LTh)
8.574
6,121
1.9C
11.448
3.350
7,865
160
1.877
2,347
1.951
2.347
1,951
2,408
200
C#hor cos￿.
Depmoatk)n
1,107
5.451
6,$S8
5,872
IndtFerwJont examlrffjlth arA1 aC0￿ntsn
1.020
1,020
£64.647
£65.3
£129,953
£77.627
P8p 12

HADFI
INST
LIMITE
D FINAN
STATEM
SFORTH
YEAR END
31ST MAR
2021
NOTE
E FINAN
STATEMWS
2020
4 Net IngTh for the y￿r
This is $18led after chargitYJ'.
Independenl exami￿￿S rnnwnwati
- IrKle￿dofit wmthation
420
600
6,558
390
510
5.672
Deprec18tk)n
Amatysb of 8tsff costs. tru81ee rernunar•¢hJ) aThJ exp￿965. •wJ thB cost
of key management parsorrnl
Salarfe8 and wagos
C<¥nsUtt￿ts
20,128
11,101
15,217
£69,625
£31,229
No •mFAoyo08 had •nployo8 banth Sn èxc•88 of t60,(￿ In 81th8r ￿r.
No r8munor*tic￿ was p*. r¥y expon88B reimb￿￿. lo tru8t888 in th yoar.
The kay man8gement parsonnd ofthe d￿lty c4xnM80 the tr￿, C•ntr8 c￿OrdinatOr, Flnanc•.
Contracts Dev•lopmenl M8nager aThl Prolort Marwr. Th• totsl ￿plOYee benofit8 01 th9
k•y mgnagem•nt p0r¥￿n￿ £66.684 {2020. £31.229}.
Tho m(ffithty av8r8go number01￿ploY••ts. *¥A￿lI¥j {￿U•l and part $tsff. durtng th8 ￿ar
vms 512020- 3k
Related paty trèrvsactions
Th•r¢ wor8 no ra18t￿ ￿lty tr￿0￿Clo0rA rw4ulrlYd In kn yow.
7 a880ts
Land aThJ Offlce arKI
bulld1￿$
tt*mput8r
4Ywlpmont
Fumllure
nd ffttbigs
Tolal
As a11st Awll 2020
Addltbn8
D18posal8
$34.830
38,815
490
110.7031
23,997
4,353
14.6531
$97.242
4.843
115.3561
A8 at 318t Marth 2021
28,402
23,697
586,729
Depredai
As 811st Awil 2020
Chargg for yeer
Ellffllnabj on dbkWg1
141.313
23,997
207
14,6531
201.315
8.558
115.3561
1.005
110,7031
AS at 318t March 2021
148.659
26,307
19,551
192.517
Not book v81u•
As 413181 mard)2￿￿1
£387.971
£4.146
£394,212
Page 13

HADF
LD INS
E LIMITED
rrED F
STAT
ENTS FOR THE YEAR END
31
NOTES T
THE FI
STA
2021
2020
D8btor8
Tr&Je dab
Grnnts receivabl8
10,032
13,356
902
£19.920
£10,934
Credltors. anw)unts falbvJ due wlthkn OM y8
Tr8d8 ryeditors
Other taxation 8nd 50ckql 8euJrity
Coronavlrus Job Rètènti¢n $d￿m• grnnts rwl
Other cr8dlth 8nd accn
3,414
507
11,979
10.624
10,404
£24,551
£14.325
8alanca at
31st March
2021
1st AMI
2020
Ino)mirvJ
Jtw'rvJ Tr9￿f￿3
10 Statem8nl olfvnd•
Unre8lrfcted fvrbJ¥'.
Genorgl fttrnds
Dulgnated fund8
78.968
393,472
144,114
159.8551
15.4511
{1,6￿)
1.89)
181.337
369,911
472.440
144,114
165.306)
551.248
Re8lrfcted fvnds..
Shefflekl Town Tw$t
C(Mnmunity Fund- Co￿19
Swth Yorkshlre Commun*y
Foundation
Sharrow Comrnunty FONM
Ytrkshlre SFQrt8 Found•lh)n
Tha Taknt TruBt
FIX￿1 assety
1,171
11.171)
146,04n
49,(M)O
12.9531
{S,CTrl)
{5,OCK)I
{2,8481
{3.474
{1,107)
13.750
10.278
4,301
2.953
3,828
75.598
164.647)
14.577
Totsl fur
£476.CQ6
£219,712 £1129.9531
t565.825
Pw14

HADFIELD INSTIT
LIMITED
NAUDI
STATEME
OR THE YEAR EN
TES TO THE FI
CN STATEMENTS
10 Statwnenl of fijnds
Prior year cLvnpariath:
8aknce at
1st Awl
2019
88lan¢e al
31st March
2020
Intsjming
(￿l9)ng Trnnsf•rs
Unre8trfctsd fvNJ8'.
G&nor81 funds
Ogslgnatsd funds
57.2W)
(70.626)
15.365}
11741
174
78,968
393.472
455.943
175.991)
472,440
RèstrftX8d lund&
JG Gravas
Sheffiekl T¢)*m Trusl
Fued 8888ts
2,762
12.7621
{1.329)
{307)
1,171
2.455
2,762
{1.636)
3.828
Tolal fund8
£455.943
£97.750
£177.62n
£476,068
11 An8ty815 01 net assets betweon fvnds
Fund balan￿ at 318t March 2021 •r• ty.
Re81￿l•d D•8igMtthJ Ganor•l
j￿1•
furKI8
rot•l
frJnd$
Tanglbl• fixed 8888ts
N•t ¢un*nt a880ts
4,301
10,278
389,911
394.212
171.613
161,337
N•t astets
£14,5n
£389.911
£181,337
£565,825
Tangibl• fixed 888èts
Not ojrrent a&88
2,455
1,171
393.472
395,927
80,139
78.968
Not a8fots
£3.628
£393,472
£78,968
£476,066
Page 15

FIELD INSTmJrE LIMITED
TAfEMENTS
YEAR END
NOTES T
INANC
12 141c*￿ar comp8r8Ove8
A detsll8d breakdo￿ ofthe 2020 818lement 8Ctbths betWrn8n Unr0strfd￿ 8nd wtrictsd
funds IB as
fvnds
fiJThJs
2020
In￿me froffl..
aritab￿ a¢Xvths'.
Grants rece￿4t4•
5,262
Other tr8diThJ oclfvlu
92,488
92,488
Tctsl lrnom•
92,488
97,750
Empendkn￿ on:
1,636
75.991
TT,627
Not Inc¢m• for the
£3.626
£16,497
£20,123
Pag• 18